Most Recent 'Bankruptcy Trustee' Posts

What is a LIT (Licensed Insolvency Trustee)? A Licensed Insolvency Trustee (formerly known as a Bankruptcy Trustee) is the only type of professional who is licensed and regulated by the Office of the Superintendent of Bankruptcy (OSB) to help Canadians get out of debt. Licensed Insolvency Trustees (LITs) can help debtors file for bankruptcy or […]

In the United States, bankruptcy is a relatively complicated and expensive process that practically forces you to hire a bankruptcy attorney. Fortunately, in Canada, those who are insolvent and owe a minimum of $1,000 can work with a licensed insolvency trustee (trustee in bankruptcy) to get the fresh start they need. A bankruptcy trustee is […]

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